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400 Morris St

$6,970,000

400 Morris Street, Sebastopol, CA 95472

Active
Last Updated: 02/25/2026

5.77

Cap Rate

401,860

NOI

Details:
Cap Rate:    5.77%
NOI:    $401,860
Pro Forma Cap Rate :    8.64%
Building Size:    23,690 sqft
Lot Area:    1.48 acres
Occupancy:    100%
Class:    B
Lease Type:    Triple Net
Year Built:    1988
Price Per Sqft:    $294
Tenancy:    Multiple
Highlights:
  • Excellent Industrial/Multi-Tenant Opportunity: Strategically located industrial/warehouse property totaling approximately 23,690 SF on a 1.48 acre site in Sebastopol’s commercial core, offering flexible space for production, office, and service uses.
  • Stable Occupancy & Diverse Tenancy: Home to long-established local businesses including manufacturing and professional services tenants, providing varied income streams and strong community presence.
  • Functional Layout with Flexible Uses: Building configuration supports a mix of industrial, creative office, and service tenants; ideal for owner-users or investors seeking versatile space in Sonoma County’s employment base.
  • Strong Sonoma County Market: Situated in Sebastopol — a dynamic North Bay market known for its creative economy, winecountry tourism, and light industrial/commercial growth.
  • Exceptional Location & Accessibility: Located on Morris Street with close proximity to downtown amenities, regional highways, and surrounding business services, enhancing tenant appeal and future lease-up potential
Description:

400 Morris Street is a ±23,690 SF multi-tenant industrial warehouse situated on ±1.48 acres, uniquely positioned adjacent to The Barlow dining and entertainment district. This exceptional property combines functional industrial space with premium lifestyle amenities, making it ideal for both owner-users seeking a distinctive corporate campus and investors targeting durable cash flow in a supply-constrained submarket. Built in 1988 with 20’ clear heights, the property features multiple semi-truck loading doors, excellent parking (2.0/1,000 SF), and recent capital improvements including new insulation. The building offers a diverse tenant profile, including a long-term lease providing stable in-place income, with flexible delivery options allowing the property to be delivered partially or fully vacant to accommodate buyer requirements.

Map:
Documents:
Title
400_Morris_St_Flyer_.pdf
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